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India s Pullout Deals Setback to Asia-Pacific Nations Trade Talks

Officials in more than a dozen Asian and Pacific nations are struggling to move forward with a major regional trade pact, days after India announced that it was not willing to sign on.The ne.....»»

Category: newsSource: philippinetimes philippinetimesNov 9th, 2019

India s Pullout Deals Setback to Asia-Pacific Nations Trade Talks

Officials in more than a dozen Asian and Pacific nations are struggling to move forward with a major regional trade pact, days after India announced that it was not willing to sign on.The ne.....»»

Category: newsSource:  philippinetimesRelated NewsNov 9th, 2019

Duterte urges India to ‘conclude’ RCEP

President Rodrigo Duterte has urged India to “conclude” the proposed free trade deal with other Asia Pacific countries “in order to narrow the development gap.” Duterte made the call during the 16th summit between the Association of Southeast Asian Nations (Asean) and India in Bangkok, Thailand on Sunday, his spokesman Salvador Panelo said. “The President […].....»»

Category: newsSource:  manilatimes_netRelated NewsNov 4th, 2019

Asian Nations Vow to Reduce Number of Stateless People

Asia-Pacific nations have pledged at talks in Bangkok to take steps, including legal reforms, to tackle statelessness, a key issue in the region.More than half of the world's 10 million peop.....»»

Category: newsSource:  philippinetimesRelated NewsJun 3rd, 2019

Asian Nations Vow to Reduce Number of Stateless People

Asia-Pacific nations have pledged at talks in Bangkok to take steps, including legal reforms, to tackle statelessness, a key issue in the region.More than half of the world's 10 million peop.....»»

Category: newsSource:  manilanewsRelated NewsJun 2nd, 2019

FIFA to expand World Cup to 48 teams in 2026

GRAHAM DUNBAR, AP Sports Writer br /> ZURICH (AP) — FIFA will expand the World Cup to 48 teams, adding 16 extra nations to the 2026 tournament which is likely to be held in North America. President Gianni Infantino's favored plan — for 16 three-team groups with the top two advancing to a round of 32 — was unanimously approved Tuesday by the FIFA Council. It meets Infantino's election pledge of a bigger World Cup, and should help fund promised raises for FIFA's 211 member federations. With 80 matches instead of 64, FIFA forecasts the equivalent of $1 billion extra income at current rates from broadcasting and sponsor deals, plus ticket sales, compared to $5.5 billion revenue forecast for the 2018 World Cup in Russia. FIFA projects an increased profit of $640 million despite some extra operating costs and prize money for teams. FIFA's six continents should find out by May how many extra places they will each get. UEFA wants 16 European teams at the tournament, which is strongly favored to be played in North America. The CONCACAF region has not hosted the World Cup since the 1994 tournament in the United States. American, Canadian and Mexican soccer leaders have had informal talks about a co-hosting bid. Africa and Asia could be winners in a bigger World Cup with up to nine places each. They had only five and four teams, respectively, at the 2014 World Cup in Brazil. Still, FIFA said it expects the standard of soccer to drop compared to the 32-team format locked in for the next two World Cups in Russia and Qatar. The 'absolute quality' of play, defined by high-ranked teams facing each other most often, is achieved by 32 teams, FIFA acknowledged in a research document sent to members last month. It made 10,000 tournament simulations to reach that conclusion. Instead, Infantino wants to create fervor and months of anticipation back home in the 16 extra nations which would qualify, some probably making their World Cup debut. FIFA has pointed to Costa Rica, Wales and Iceland as examples of teams which overachieved at recent tournaments. FIFA must break with soccer tradition to make its new format work after an original 48-team plan — with an opening playoff round sending 16 'one-and-done' teams home early — was unpopular. Instead, three-team groups will replace the usual groups of four to create simple progress to a knockout bracket. However, it leaves one team idle for final group games and could risk collusion between the other two teams. FIFA said it could guard against result-rigging by introducing penalty shootouts after group games that end in draws. Despite the 16 extra games, FIFA believes the current maximum of stadiums needed will stay at the 12 used by Brazil and Russia. However, the demand for more training bases and hotels means developed countries would be better equipped to win future hosting contests. North America is the strong favorite for 2026 because European and Asian countries are blocked by a FIFA rule excluding continents which hosted either of the two previous tournaments. Russia will host the World Cup next year and Qatar in 2022. South America has been focused on a centenary tournament including original 1930 host Uruguay, and African nations are seen as lacking existing capacity and unlikely to fund multi-billion dollar infrastructure spending. .....»»

Category: sportsSource:  abscbnRelated NewsJan 10th, 2017

Weakness of trade to persist -- ESCAP

THE PHILIPPINES and much of Asia Pacific can be expected to see some recovery in merchandise exports next year, according to a United Nations (UN) report that nevertheless warned that structural changes to major economies like China could mean the current.....»»

Category: newsSource:  bworldonlineRelated NewsNov 30th, 2016

APEC summit closes with call to work for free trade

LIMA, Peru — Leaders of 21 Asia-Pacific nations ended their annual summit Sunday with a call to resist protectionism amid signs of increased free-trade skept.....»»

Category: newsSource:  philstarRelated NewsNov 21st, 2016

Asia Pacific to narrow trade focus with protectionism on the rise

LIMA -- Fast-growing Asia-Pacific economies will strike more trade deals among themselves as opposition grows in Europe and the United States to globalization, analysts say, warning the West will lose out as the dynamic region powers ahead......»»

Category: newsSource:  bworldonlineRelated NewsNov 20th, 2016

Several world-ranked stars will light up Dubai once again at Rotund aRumble 2 on November 22.

The #MTKFightNight – promoted by D4G Promotions in association with MTK Global and Round 10 Boxing Club – hosts a range of huge names including WBO world super-lightweight No. 1 Jack Catterall, India’s highly-ranked icon Vijender Singh, Pakistani boxing hero Muhammad Waseem, WBO world bantamweight No. 4 Thomas Patrick Ward and many, many more. A busy undercard kicks off with two local debutants in Fahad Al-Bloushi and Sultan Al-Nuaimi – moments of history for the sport in Dubai. Fighters from no fewer than 15 countries make up a lengthy bill ready to delight a packed audience at the luxurious Caesars Palace, Bluewaters as well as those tuning in on ESPN+ in association with Top Rank and on iFL TV. Here’s a sneak preview of what you need to know…   JACK CATTERALL vs. TIMO SCHWARZKOPF (10 rounds) With a stunning undefeated record of 24-0, 13 KOs, Catterall is already seen as a super-lightweight world champion in waiting. Chorley’s ‘El Gato’ has systematically destroyed all put before him since turning professional in 2012; claiming the Central Area, the WBO European, the WBO Inter-Continental and British crowns. As the No. 1 challenger in the world to WBO and WBC world champion Jose Ramirez, Catterall is in line for a career-defining world title shot in 2020 but standing in his way is the high-class Schwarzkopf. Germany’s Schwarzkopf (20-3, 12 KOs) is a former IBF International welterweight and EBU European super-lightweight champion and is likely to push Catterall into producing his very best on the night.   VIJENDER SINGH vs. CHARLES ADAMU (10 rounds) Undefeated Singh (11-0, 8 KOs) is a sporting icon in his home country and regularly rubs shoulders with the likes of Sachin Tendulkar. Having already picked up the WBO super-middleweight Asia Pacific super-middleweight title and the WBO Oriental crown, Singh continues to gather an entire nation behind him on his quest to reach world champion status. In Ghana’s vastly-experience Adamu (33-14, 26 KOs), Singh takes on a man who has been in with the likes of Billy Joe Saunders, Rocky Fielding, George Groves and Carl Froch. Singh said: “For me these fights are going to be a build up to the world title which I am aiming for in 2020. I am sure my debut fight in Dubai is going to be an exciting one and I’m looking forward to a knockout win in the early rounds.”   MUHAMMAD WASEEM vs. GANIGAN LOPEZ (8 rounds) In Pakistan, world-class Waseem (9-1, 7 KOs) is another huge national hero and is supported by compatriots such as Shoaib Akhtar. ‘Falcon’ enjoyed a stellar amateur career that included two Commonwealth Games medals and went on to challenge for the IBF world flyweight title in just his eighth fight as a professional. Although Waseem was narrowly denied the world crown by now MTK Global team-mate Moruti Mthalane, he takes the next step back towards the top against tough Mexican Lopez (36-10, 19 KOs). Waseem, whose last performance was a stunning first-round stoppage on #RotundaRumble, said: “I’m confident of stealing the show once again. I’m very happy to be handed the chance to perform in Dubai for a second time in a row.”   THOMAS PATRICK WARD vs. MARTIN CASILLAS (8 rounds) The fighting pride of the north-east and a super-bantamweight king in waiting, unbeaten Ward (28-0, 4 KOs) is ready to announce himself to Dubai fans in style. The skillful 25-year-old has already made his name in the US by outclassing Jesse Hernandez back in February and is eager to accelerate his march towards world honours having recently signed with MTK Global. Ward said: “I’m very excited to be fighting in Dubai. It’s new for me. I’ve been all around the world but it’s always nice to showcase your skills in front of brand new audience.”   ROHAN DATE vs. JUSTICE ADDY (6 rounds) Dubai-based Irishman Date (10-0-1, 8 KOs) snatched headlines on his last outing on #RotundaRumble when he decimated Pardeep Kharera inside a single round. As he continues to move towards title shots, the 26-year-old will be looking for a similarly spectacular display against Ghana’s heavy hitting Addy (16-6-1, 14 KOs). Having already fought in Dubai four times since turning professional in mid-2016, Date is amassing a substantial following and is looking to charge up the 147lb rankings.   JAYR RAQUINEL vs. JACK AMISA (8 rounds) Raquinel (11-1-1, 8 KOs) is an emerging star of Filipino boxing and has already challenged WBC Silver flyweight honours last year. At the age of just 22, the man from Cauayan has the chance to make a name for himself on the big stage against the experienced Amisa from Indonesia.   HASIBULLAH AHMADI vs. DETNARONG OMKRATHOK (6 rounds) A teen sensational proudly representing Afghanistan, Ahmadi has impressed in blasting his way to 7-0 as a professional. A product of the local Round 10 Boxing Club, Ahmadi recorded an entertaining points win over China’s teak-tough Shidong Cai (10-4-1, 2 KOs) on the last #RotundaRumble show and will look to follow up in front of a growing fanbase.   FAHAD AL-BLOUSHI vs. SANDRO TUGHUSHI (4 rounds) Along with team-mate Sultan Al-Nuaimi, 23-year-old lightweight Al-Bloushi will be making history in joining Majid Al-Naqbi as Dubai’s only professional boxers when he makes his debut in the paid ranks on the night. Al-Bloushi said: “I’m proud to say that this is a stepping stone for us to use our talents further beyond and show the world what the UAE is made of. It’s a blessing to be able to start off the right way, in my home country and to showcase my talent to the boxing community and the community of the UAE.”   SULTAN AL-NUAIMI vs. CHARLES LATUPERISSA (4 rounds) Another man looking to cause a stir on his first outing as a professional is super-flyweight Al-Nuaimi, who won two national titles and represented UAE on numerous occasions. Al-Nuaimi said: “Being a professional boxer representing the UAE is a huge honour that I can’t describe. We can show the world that we are capable of achieving great things and making our nation proud.”.....»»

Category: sportsSource:  abscbnRelated NewsNov 18th, 2019

US commits to invest, trade in Asia

The US remains committed to investing and trading, as well as entering into deals with Asia, a high ranking US official said......»»

Category: financeSource:  philstarRelated NewsNov 7th, 2019

ASEAN leaders hanker for trade deal as economy sags on U.S.-China spat

BANGKOK, Thailand – Southeast Asian leaders met Saturday, November 2, in Thailand eyeing a breakthrough in talks over the world's largest trade deal to help throw off the torpor which has gripped the global economy since the start of the US-China tariff war. The 10-member Association of Southeast Asian Nations (ASEAN) opened their annual summit in Bangkok ........»»

Category: newsSource:  rapplerRelated NewsNov 3rd, 2019

US, China may finally end their trade war

  A TRADE agreement between the United States (US) and China may be signed at the Asia Pacific Economic Conference in Chile on November 16-17, US President Donald Trump said the other day. “We’re working with China very well,” Trump said. “I think it will get signed quite easily, hopefully by the summit in Chile […].....»»

Category: newsSource:  tempoRelated NewsOct 24th, 2019

Modi, Xi bid to bury India and China s differences

MAHABALIPURAM, India – India's Prime Minister Narendra Modi called Saturday, October 12, for a "new era" in relations with China as he held talks with President Xi Jinping aiming to overcome troublesome differences between the world's two most populous nations. Modi and Xi strolled along a pristine Bay of Bengal ........»»

Category: newsSource:  rapplerRelated NewsOct 13th, 2019

‘Suspension of loan, grant deals won’t have much impact’

President Duterte’s order to suspend the talks on and signing of loan and grant agreements with countries that backed the Iceland-led United Nations resolution that sought a review of his anti-drug campaign will not have much impact on the Philippine economy, Malacañang said yesterday......»»

Category: newsSource:  philstarRelated NewsSep 23rd, 2019

Sudan, South Sudan leaders vow to seek peace in their troubled nations

JUBA, South Sudan – War is "no longer an option" for Sudan and South Sudan , their leaders agreed Thursday, September 12, during talks which focused on border disputes and the oil trade, but also resolving protracted conflicts in both nations. Sudan's new prime minister Abdalla Hamdok met ........»»

Category: newsSource:  rapplerRelated NewsSep 13th, 2019

China removes several U.S. products from tariffs list

BEIJING, China (UPDATED) – China on Wednesday, September 11, said it would spare some US products from punitive new tariffs, an apparent olive branch ahead of high-level talks next month to resolve the two nations' protracted trade war. However, the goods do not include big-ticket agricultural items ........»»

Category: newsSource:  rapplerRelated NewsSep 11th, 2019

Kaspersky Lab to tackle threats in healthcare at annual cybersecurity event

MANILA, Philippines – Cybersecurity research firm Kaspersky Lab is set to host journalists from over a dozen Asia-Pacific nations for its annual Cyber Security Weekend at Yangon, Myanmar on Thursday, September 5, to discuss and provide insight on the growing number of cyber threats in the region......»»

Category: newsSource:  rapplerRelated NewsSep 4th, 2019

China stakes claim to ASEAN neighborhood as Pompeo jets in for Bangkok talks

BANGKOK, Thailand – China urged non-Asian nations to avoid sowing "distrust" and division over contested seas Wednesday, July 31, in a swipe at the US shortly before its top diplomat was due to arrive at a Bangkok summit bearing a message of reinvigorated American trade and security engagement in the ........»»

Category: newsSource:  rapplerRelated NewsJul 31st, 2019

Top diplomats gather in Bangkok for key Asia-Pacific talks

Top diplomats gather in Bangkok for key Asia-Pacific talks Washington Post Top diplomats from the Asia-Pacific region have begun gathering in the Thai capital to discuss issues of concern to the area.....»»

Category: newsSource:  manilanewsRelated NewsJul 30th, 2019

Lufthansa Technik expansion brings PH closer to becoming regional aerospace hub – DTI

MANILA, Philippines – The planned expansion of Lufthansa Technik Philippines (LTP) will bring the Philippines closer to its goal of becoming an areospace hub in the Asia Pacific, the Department of Trade and Industry said on Friday, July 19. Lopez supported the ........»»

Category: newsSource:  rapplerRelated NewsJul 19th, 2019